What is unconfirmed demand in SAP MM-PUR-SRC - Product Sourcing?

SAP Term: unconfirmed demand

• Component: MM-PUR-SRC

• Component Name: Product Sourcing

• Description: A condition of an item that can be manually set by the user. It is used in procurement projects as well as sourcing projects. If users who work with the aforementioned business objects are not sure whether an item will be needed but would nonetheless like the suppliers to propose a price for this item, they can set the item to "Unconfirmed". Once the users know for certain that the item will be needed, they can set the item to "Confirmed".

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• Key Concepts: 
  Unconfirmed demand is a term used in the SAP MM-PUR-SRC Product Sourcing component. It refers to the demand for a product that has not yet been confirmed by the supplier. This could be due to the supplier not having enough stock, or not being able to meet the customer's requirements. 
  
  How to use it: 
  Unconfirmed demand can be used in SAP MM-PUR-SRC Product Sourcing to help manage the supply chain. It can be used to identify potential supply issues and help ensure that customers receive their orders on time. The unconfirmed demand can also be used to negotiate better terms with suppliers, as they may be willing to provide more favorable terms if they know that there is a high level of unconfirmed demand for their products. 
  
  Tips & Tricks: 
  When using unconfirmed demand in SAP MM-PUR-SRC Product Sourcing, it is important to monitor it closely. This will help ensure that any potential supply issues are identified and addressed quickly. Additionally, it is important to keep track of any changes in the unconfirmed demand, as this can indicate changes in customer demand or supplier availability. 
  
  Related Information: 
  Unconfirmed demand is closely related to other terms such as confirmed demand, forecasted demand, and actual demand. Confirmed demand is the amount of product that has been ordered from a supplier and is expected to be delivered on time. Forecasted demand is an estimate of future customer orders based on past trends and current market conditions. Actual demand is the amount of product that has been ordered and delivered by a supplier.